Press release
Shavers Market 2023 : Trends, Business Growth And Major Driving Factors | Koninklijke Philips N.V., The Procter & Gamble Company, Panasonic Corporation, Wahl Clipper Corporation
Shavers Global Market Report
The Business Research Company's Shavers Global Market Report 2023 identifies the increasing preference for grooming products significantly contributed to the growth of the shaver's market. Grooming products refer to the products such as hair styling, beard grooming, and related shaving products. People are investing in grooming products to improve physical appearance, gain confidence, and have a competitive edge in terms of both career and personal growth.
The global shavers market size grew from $25.04 billion in 2022 to $27.23 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The shavers market size is expected to grow to $37.96 billion in 2027 at a CAGR of 8.7%.
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Major players in the shavers market are Koninklijke Philips N.V., The Procter & Gamble Company, Panasonic Corporation, Wahl Clipper Corporation, Conair Corporation, Super-Max Limited, BIC Corporate, Havells India Limited, Spectrum Brands Holdings Inc., Edge well Personal Care, Remington Products, Helen of Troy, Harry's Inc., The Eltron, and Ningbo Kaili.
A key trend in the Shavers market includes the Product innovations are a key trend gaining popularity in the shavers market. Key players operating in the shaving market are focusing on developing new products to strengthen their position in the market.
Read More On The Global Shavers Market Report Here:
https://www.thebusinessresearchcompany.com/report/shavers-global-market-report
The Shavers market is segmented -
1) By Product: Electric Shavers, Non-electric Shavers
2) By Demographics: Men, Women
3) By Sales Channel: Hypermarkets or Supermarkets, Specialty Stores, Multi-brand Stores, Online Retailers, Other Sales Channels
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Shavers market.
The Business Research Company's "Global Shavers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Shavers Market Include:
1. Executive Summary
2. Shavers Market Characteristics
3. Shavers Market Trends And Strategies
4. Shavers Market - Macro Economic Scenario
5. Shavers Market Size And Growth
……
27. Shavers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Shavers Market
29. Shavers Market Future Outlook and Potential Analysis
30. Appendix
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